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Financial Services

Princeton Consultants has earned a reputation of exceptional performance during our more than 30 years of working with the Financial Services industry. Clients have ranged from the world’s largest insurance companies and banks to high frequency hedge funds. In the front, middle and back office, we have employed optimization to improve return and reduce risk.

A Target Rich Environment

Many executives probably assume that Financial Services is absolutely saturated with optimization for decision making in all areas. As those of us on the inside know, this is far from the case.

Yes, it is true that many important decisions are made using sophisticated optimization technologies. In fact, Princeton Consultants has been an innovator in building many of these applications, such as high frequency, black box trading platforms and portfolio and risk analytics. However, to say there is still fertile ground in the front, middle, and back office to improve decision making with optimization is an understatement.

The use of overly simplified spreadsheet models to evaluate and solve complex problems is as widespread as it is dangerous. Spreadsheets are highly susceptible to manual errors and they are notoriously unsophisticated.

We help our clients drive faster and better decisions by moving from their spreadsheet-driven models to rigorous, powerful optimization techniques.

Princeton Consultants News

The current issue of ORMS Today features Princeton Consultants Optimization Principal Irv Lustig's summary of the results from a survey conducted during the INFORMS Analytics conference earlier this year in Orlando. Survey participants weighed in on technology and industry trends and their impact on operations research.

Princeton Consultants Wins Amazon Web Services' First Spotathon

"Princeton Consultants' OptiSpotter is an exciting, innovative application taking advantage of AWS Spot Instances that dramatically improves the speed and cost-effectiveness of big data quantitative research. The judges of our first Spotathon coding challenge were impressed with their creative approach."